Securities lawyers are just like ambulance chasers. Any time a stock has a significant drop they will issue a press release trying to gather interest from investors or former investors. Seldom if every do they turn into any actual suits. Unless there is an actual fraud then this will go no where. It is cheap to send out a press release to test the water. As long as UNXL keeps working toward their stated timelines and rollout this will amount to nothing more than message board fodder.
i bet reed is wettin his undies over this. may i remind you sir, insiders sold over million shares at escalated prices. besides, he's a flunkie the way he handled this whole thing.. as are you buying into this full of holes unxl story that is turning into a flop.